Nestle India Ltd.

Country’s largest insurer, Life Insurance Corporation (LIC) has acquired 40,000 shares in Nestle India through an open market purchase on August 21, as a result of which the total holding of the insurance behemoth has gone up to 5.01%. LIC previously had 4,79,54,35 shares in Nestle India, accounting for 4.97%.

Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.